Do You Not Invest or Do You Invest?

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Yel: We will not invest in a competitor within the class that we admit, or within one class, or before that company that we adnot. Yel: Even if we admit somebody that doesn't look like thei'r competitive, they may end a pivoting into that space. In general, i would not worry on it's easy for me to say this, and there are exceptions, but founders, ah, don't worry too much about competition. Worry about learning and the pace of your development....

0:20 Jason intros Alchemist's Ravi Belani
3:41 Why is Alchemist named after Paulo Coelho book? What is the biggest benefit of Accelerators?
5:47 Ravi's background at DFJ, sourcing the Justin.tv investment
15:02 Why Ravi left DFJ to start Alchemist
21:52 How many companies have gone through Alchemist and what is their standard deal?
28:21 Why accelerators take more risk than VC firms
35:07 The best entrepreneurs love the process
38:35 How are Alchemist's programs structured? Did they have trouble transitioning to remote?
44:38 Have virtual meetings been resulting in checks from investors? Dealing with investing in competitive companies
49:59 What is Alchemist's diligence process like?
55:01 What does venture capital funding look like in the medium-term